The Research and Recognition Project Inc

Analysis

The Research and Recognition Project Inc is a registered charity in United States, based in Corning, NY. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Research and Recognition Project Inc reported income of $165k and spending of $217k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $275k to $165k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 275%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Research and Recognition Project Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Psychophysiologic Disorders Association ($165k), Cosmopolitan Diabetes Foundation Inc ($165k) and St Lukes Episcopal Mobile Medical Ministry ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $140k (65% of expenses). Other salaries and wages came to $24k. At year end it held assets of $38k against liabilities of $304k, net assets of -$266k. It reported 2 employees.